Bitcoin Wallet: Will 2 payments within 10 minutes cause double spending

0

I'm using a bitcoin wallet for managing all my transactions. For example, If I have bitcoin 2, 3 and 5. Firstly, I buy a product with price 5. Bitcoin wallet will create a transaction from 2 and 3. When my first payment haven't verified yet, I make second payment by a product with same price is 5. This time will bitcoin wallet choose 2 and 3 or bitcoin 5 for my second payment ? I ask this because first payment haven't confirmed yet.

hqt

Posted 2017-01-31T15:33:51.990

Reputation: 115

Answers

2

If you have enough Bitcoin in your balance it will be all good. Double-spend transactions should only really be made maliciously by reusing the same inputs. If you are using a known wallet you should not have any issues.

Alex

Posted 2017-01-31T15:33:51.990

Reputation: 398

thanks. that means my wallet will choose 5 on second payment right. – hqt – 2017-01-31T16:57:02.300

Theorically yes but remember there is also a fee to pay and it will be added on top of the payment. It all makes sense after a while, I promise :) – Alex – 2017-02-01T17:53:28.853

Asked: 2017-01-31T15:33:51.990

Viewed: 118 times

Active: 2017-01-31T15:48:59.003